Labor announces $400m super boost for women

Labor has pledged to tackle gender inequality in superannuation by boosting the savings of women while on maternity leave.

Opposition announce proposed superannuation changes for women and parents at Parliament House in Canberra. Source: AAP

Women on maternity leave or juggling several low-paid jobs would be paid superannuation under a $400 million Labor plan to close the retirement gender gap.

Opposition deputy leader Tanya Plibersek unveiled the policy on Wednesday, saying too many Australian women retire in poverty.

Women retire on average with $113,000 less in their super than men, a gulf of 40 per cent.

More in English  via SBS News.